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2024 Meritbased Incentive Payment System (MIPS) Measure Specifications, Supporting Documentation and Improvement Activity Descriptions This resource includes links to 2024 MIPS quality measure specifications
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How to fill out 2024 merit-based incentive payment

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How to fill out 2024 merit-based incentive payment

01
Determine if you are eligible to participate in the 2024 Merit-based Incentive Payment System (MIPS).
02
Review the MIPS program requirements and scoring methodology for the 2024 performance year.
03
Collect data on the performance measures required for MIPS reporting.
04
Submit your MIPS data through the designated reporting method by the deadline.
05
Monitor your MIPS performance feedback and payment adjustments.

Who needs 2024 merit-based incentive payment?

01
Healthcare providers and eligible clinicians who participate in Medicare Part B and meet certain billing thresholds need to participate in the 2024 Merit-based Incentive Payment System (MIPS).
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The Merit-Based Incentive Payment System (MIPS) is a program that adjusts payments to healthcare providers based on the quality of care they provide, their use of technology, and their cost-effectiveness.
Eligible clinicians who participate in Medicare are required to file under the MIPS framework, including physicians, nurse practitioners, physician assistants, and some other healthcare professionals.
To fill out the MIPS, eligible clinicians must gather data on quality measures, improvement activities, and promoting interoperability, then submit this data through an approved submission mechanism, such as the Quality Payment Program website.
The purpose of MIPS is to improve the quality of care and patient outcomes while reducing healthcare costs, encouraging healthcare providers to focus on delivering better care.
Providers must report on quality measures, improvement activities, and promoting interoperability, including patient outcomes, care coordination, and technical capabilities.
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